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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Hotels
1709 Lamar Blvd Arlington, TX 76006-7303
Entity Owned
9-yr Hold
Free & Clear
Property ID
US82-2446521
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Total area
57,558 SF
Lot
2.63 ac (114,650 SF)
APN
3770-12-2B
UPID
US82-2446521
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
TownePlace Suites Dallas Arlington North Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.04M
Owner & transaction history
Lamar Hospitaltiy LP · 9 yrs held
Lamar Hospitaltiy LP
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,110,000
Current use
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$98,766
Tax year 2023
Assessed value
$6,414,000
Assessed 2024
Previous assessed
$4,476,000
+43.3% YoY
Effective rate
1.54%
On assessed value
Assessed land
$917,320
Assessed improvement
$5,496,680
Land market value
$917,320
Improvement market value
$5,496,680
Total market value
$6,414,000
Applied tax rate
224.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1998
Heating
NONE
Stories
3
Total area
57,558 SF
Lot
2.63 ac (114,650 SF)
APN
3770-12-2B
UPID
US82-2446521
Jurisdiction
TARRANT
Metro division
FORT WORTH-ARLINGTON, TX METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.1M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
3
Lot
2.63 ac
Current owner
From public records · entity-resolved
Lamar Hospitaltiy LP
Entity
Free & Clear · 9 yrs held
Mailing address
1709 E LAMAR BLVD, ARLINGTON, TX 76006-7303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2020
—
Lamar Hospitality LP
—
Deed
related
$221,000 · Veritex Community Bank
Nov 5, 2019
—
Lamar Hospitality LP
—
Deed
related
$6,000,804 · Veritex Cmnty Bk
Jan 10, 2017
—
Lamar Hospitaltiy LP
Bre Select Hotels Properties II LLC
Special Warranty Deed
—
Aug 8, 2016
—
Bre Select Hotels Props II LLC
Bre Select Hotels Tx LP
Quit Claim Deed
—
Dec 8, 2014
—
Bre Select Hotels Tx LP|bre Select Hotels Operatin
—
Grant Deed
related
$4,292,811 · Citigroup Global Markets Rlty
May 17, 2013
—
Bre Select Hotels Tx LP
Bre Select Hotels Texas LP
Quit Claim Deed
related
—
Jul 6, 2005
—
Six Hospitality Texas Apple
Tpsa Hotel Property Ltd
Grant Deed
—
—
—
Lamar Hospitality LP
—
Loan Modification
related
$6,000,804 · Veritex Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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